[F1 InterestU.K.
Textual Amendments
F1Sch. 5A inserted (15.11.1999 subject to arts. 5-7 of S.I. 1999/2908) by 1998 c. 36, s. 160, Sch. 26 para. 1(3); S.I. 1999/2908, arts. 1, 2
13(1)The Treasury shall from time to time pay out of the National Loans Fund into the Debt Management Account sums (if any) which the Treasury consider appropriate to compensate the Account in respect of U.K.
[F2(a)]payments of interest made from the Account [F2, and
F3(b)any discount on any Treasury bills issued by virtue of paragraph 4 above.]
F4(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)The Treasury may from time to time pay out of the Debt Management Account into the National Loans Fund sums (if any) which the Treasury consider appropriate in respect of
[F5(a)]interest received or earned by the Account [F5, and
F6(b)any benefit accruing to the Account which, in the opinion of the Treasury, ought to be treated in the same way as such interest.]]
Textual Amendments
F2Words renumbered as Sch. 5A para. 13(1)(a) (27.7.1999) by 1999 c. 16, s. 134(5)
F3Sch. 5A para. 13(1)(b) inserted (27.7.1999) by 1999 c. 16 s. 134(5)
F4Sch. 5A para. 13(2) repealed (10.7.2003) by Finance Act 2003 (c. 14), s. 210(4), Sch. 43 Pt. 5(5)
F5Words renumbered as Sch. 5A para. 13(3)(a) (27.7.1999) by 1999 c. 16, s. 134(6)(8)
F6Sch. 5A para. 13(3)(b) inserted (27.7.1999) by 1999 c. 16, s. 134(6)(8)